Telsey Advisory analyst Cristina Fernandez lowered the firm’s price target on Foot Locker (FL) to $20 from $24 and keeps a Market Perform rating on the shares. While the company delivered good Q4 results, 2025 guidance fell short of expectations, the analyst tells investors. Overall, Foot Locker is moving its business in the right direction, but its progress has been slow and less than originally expected, the firm adds.
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